Discusses the effects of rising gasoline prices on the American economy.
Written in 2004; 2,712 words; 14 sources; MLA; $ 95.95
Paper Summary:
This paper discusses the effects of rising gasoline prices on the American economy. It looks at consumer confidence, the assumptions underlying the economics of energy, crude petroleum prices and the power of the OPEC cartel.
From the Paper:
"This analyst argued that when energy prices decline the U S economy booms. Cheap energy said Ciscel helped get the economy out of the stock market crash through the continuing savings and loan crisis and kept minor downturns in construction real estate and manufacturing from threatening the economic boom. Given this general background the purpose of ..."
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